PRESS DIGEST - Hong Kong - Dec 2

HONG KONG

HONG KONG Dec 2 These are some of the leading
stories in Hong Kong newspapers on Monday. Reuters has not
verified these stories and does not vouch for their accuracy.

SOUTH CHINA MORNING POST

-- As Shenzhen steps up its efforts to supplant Hong Kong as
the region's trans-shipment hub, the five local port operators -
including Hutchison Whampoa's Hongkong International
Terminals and Wharf's Modern Terminals, have stepped
up lobbying for more backup land to boost efficiency. (link.reuters.com/sux94v)

-- Huishang Bank became the second Chinese lender in just
over a week to make a lacklustre Hong Kong debut, underscoring
lukewarm investor appetite for the Chinese financial sector
despite a likely raft of listings on the way. (link.reuters.com/vux94v)

-- More mainland firms, especially banks, are expected to
pick Taiwan as their top destination for issuing offshore yuan
bonds, with the island opening the door for the first time to
mainland issuers last week. (link.reuters.com/xux94v)

THE STANDARD

-- Beijing's anti-corruption campaign has been extended to
the aviation industry with 10 employees of China Southern
Airlines, including two senior managers, arrested last
week, Xinhua News Agency reported. (link.reuters.com/byx94v)

-- Interim loss at high-end liquor distributor Silver Base
Group Holdings widened more than 3.36 times due to the
anti-luxury campaign on the mainland. (link.reuters.com/cyx94v)

-- Speculation is rife that Asia's richest man, Li Ka-
shing, is involved in Samsung Electronics' efforts
to develop a new mobile operating system, dubbed Tizen. Li made
the remark about investment opportunities in tech sector in an
interview with Southern Metropolis Daily last week. (link.reuters.com/fyx94v)

-- Jintian Pharmaceutical Group, the biggest pharmaceutical
chain store operator in northeastern China with a network of 794
stores, opens its retail book on Monday aiming to raise about
HK$2.12 billion ($273.45 million) in a Hong Kong IPO.

MING PAO DAILY NEWS

-- China Modern Dairy Holdings Ltd's deputy
chairman Gao Lina sees raw milk price in the mainland soaring
15-16 percent this year and expects the increase to normalise in
2014 to about a 5 percent rise, but the dairy industry is set to
face a challenge from raw milk shortage.